Bullboard - Stock Discussion Forum SNDL Inc SNDL

Healthcare

SNDL Inc. is a Canada-based private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. The Company is a licensed cannabis producer and a vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, premium indoor cultivation, product innovation... see more

Add To Watchlist

NDAQ:SNDL - Post Discussion

SNDL Inc > Still Buying

View:

Post by jevs on Oct 26, 2020 9:13am

Still Buying

I read through the document from the last news release today in an attempt to understand what is going on. One good thing, as far as I can figure out, is that these new shares will be used to reduce the debt. It also seems like there is a good possibility that Sundial will be debt free in short order. That, combined with increasing revenue and market share bodes very well for the future, both near and mid term. I have been buying as recently as today and my thinking is that even with a RS this stock is cheaper now as compared to later when the SP will be based on a company that is debt free, profitable and aggressively growing

213